ABOUT 60 staff members from Takaful Brunei DarussalamSdnBhd attended a tahlil ceremony for His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam's late parents, Al-Marhum Sultan Hj Omar 'Ali SaifuddienSa'adulKhairiWaddien and Al-MarhumahDuli Raja IsteriPengiranAnakDamit, at the Royal Mausoleum, yesterday.

The ceremony was also accompanied by its two subsidiary companies, Takaful Brunei Am SdnBhd and Takaful Brunei KeluargaSdnBhd.

It was led by the imam HjMohdDaudHjAbdKadir.

Attending the event as the guest of honour was PehinOrangKayaDewaMejar General (Rtd) Dato Seri PahlawanHj Mohammad HjDaud, chairman of Takaful Brunei DarussalamSdnBhd.

Takaful Brunei DarussalamSdnBhd was formed in 2010, following the merger of TakafulIBBBerhad and TakafulBIBDSdnBhd, in line with the requirements of the Takaful Order 2008.

Since then, the two companies have transformed into subsidiaries, Takaful Brunei Am SdnBhd and Takaful Brunei KeluargaSdnBhd.

The move was aimed to reinforce the nation's Islamic banking sector.

The Islamic Banking Order 2008 by the Finance Ministry, under the consent of His Majesty,

saw a legislation introduced to regulate the activities of the domestic takaful industry. It also provided a level playing field between the conventional and takaful insurers and generated greater awareness on the benefits of Islamic finance. The Brunei Times